203 Hull Street, Brooklyn, NY 11233

RENT-STABILIZED • AIR RIGHTS • 6.1% CAP RATE • OCEAN HILL

This three-story rent-stabilized building is located in Bed-Stuy and has six rent-stabilized apartments and air rights. Three of the units are beautifully renovated with hardwood floors, stainless steel appliances, dishwashers, and in-unit washer/dryers. This building has the potential to produce a gross annual income of approximately $154,538.44 with a cap rate of 9.6%. At 5,850 SF, the building measures 30' x 65' and sits on a 3,000 SF lot measuring 30' x 100.' The building is located just three blocks from the A and C at Rockaway Avenue or the J and Z at Broadway Junction and a 7 minute walk to the L at Bushwick Ave/Aberdeen Street.